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Angela Geiger

whiterabbit4234@gmail.com +1(303) 974-8960

$1,200,000

Est. payment - /mo

6 Beds

5 Baths

3,081 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,081 sqft

Price per Sqft $389

Subdivision Capitol Hill

MLS Listing ID 3313341

Bedrooms 6

HOA Y/N No

Year Built 1906

Lot Size 6,312 Sqft

Acres 0.14

Property Sub-Type Quadruplex

Property Description

Positioned at 1154 Corona Street, this well-located four-unit property offers investors a compelling combination of stable in-place income, recent capital improvements, and immediate upside potential. The property features a desirable unit mix of one 3-bedroom, one 2-bedroom, one 1-bedroom, and one studio unit. Tenants and owners alike will benefit from a rare 1:1
parking ratio. Recent updates to the roof and electrical systems provide valuable peace of mind and reduce near-term capital expenditure concerns. Two long-term tenants contribute to the property's stability while also giving a new owner the opportunity to bring rents up to current market levels over time. Residents enjoy an exceptional central Denver location within easy walking distance of Cheesman Park, with convenient access to Cherry Creek, neighborhood restaurants, retail, entertainment, public transportation, and major employment centers. With a versatile unit mix, dedicated parking, recent major-system improvements, strong neighborhood appeal, and built-in rental upside, 1154 Corona Street is an attractive acquisition for investors seeking both dependable income and long-term growth in one of Denver's most desirable urban neighborhoods.

Location

State CO

County Denver

Zoning G-MU-3

Direction West

Rooms

Basement Full

Interior

Heating Radiant

Cooling None

Exterior

Parking Features Detached, Garage

Garage Spaces 2.0

Fence Full

Utilities Available Electricity Connected, Natural Gas Connected

Waterfront Description Public

Roof Type Shingle

Private Pool No

Building

Faces West

Story Three Or More

Sewer Public Sewer

Water Public

Schools

School District Elementary: Denver 1, Middle/Junior: Denver 1, High: Denver 1

Others

Senior Community No

Tax ID 05022-32-003-000

Special Listing Condition None Known

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Listed byNorthPeak Commercial Advisors, LLC

Nearby Locations

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(303) 974-8960

whiterabbit4234@gmail.com

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1154 N Corona ST Denver, CO 80218